Mcmillan H M, Baesel J B
J Macroecon. 1990 Spring;12(2):167-95. doi: 10.1016/0164-0704(90)90028-9.
"This paper analyzes the impact of the Baby Boom generation on macroeconomic relationships in the United States. Using quarterly postwar data, it finds that measures of population age composition influenced real interest rates, income, inflation, and unemployment. The demographic variables complement or dominate other economic variables in reduced-form macroeconomic specifications. The paper also projects how the aging of the generation may influence future macroeconomic activity."
本文分析了婴儿潮一代对美国宏观经济关系的影响。利用战后季度数据，研究发现人口年龄构成指标影响了实际利率、收入、通货膨胀和失业率。在简化形式的宏观经济模型中，人口统计学变量补充或主导了其他经济变量。本文还预测了这代人的老龄化可能如何影响未来的宏观经济活动。
